ASX

Funds management

Neuberger Berman has announced its Global Corporate Income Trust will become the largest global fixed income listed investment trust on the ASX, following a completion of...

Funds management

OneVue managing director, Connie Mckeage has remained upbeat about the company’s potential despite its Sargon transaction resulting in a $27.089 million loss....

Funds management

S&P and the Australian Securities Exchange have jointly created an All Technology index which will launch on 24 February and have a total market capitalisation of more th...

Financial planning

OneVue has managed to sell its Sequoia Financial Group stake and is now looking to sell down Madison....

Funds management

Clime Investment Management has posted a 25% growth in total gross funds under management to $1.02 billion....

Funds management

The fund manager’s funds management soared 29% to $92.8 billion over the year to 31 December, 2019....

Superannuation

The firm’s client numbers have taken a hit off the back of legacy issues and five years of mergers and acquisition....

Financial planning

AMP Capital was a major bright spot for AMP as the company confirmed the exit of 440 advisers, an impairment bill of $2.35 billion and challenging times ahead when report...

Financial planning

The rebranding of Madison to Sargon has been halted as OneVue and the Sargon administrators and receivers work out the future of the dealer group....

Financial planning

The voluntary administration of its parent company Sargon has raised questions about the future of dealer group, Madison....

Funds management

Singapore-based Keppel Capital has entered into control over the Australian Unity Office Fund after buying a half stake in its responsible entity, AUIREL....

Superannuation

The superannuation industry is now big enough and old enough to be broken away from the “coddling’ of the industrial relations system, according to the Federal Government...

Life/Risk

Insurer Clearview has confirmed it will cease the sale of agreed value income protection policies from 31 March....

Funds management

Macquarie Group Limited has confirmed that German authorities dealing with a 2011 short-selling issue have designated as suspects around 60 of the company’s current and f...

Financial planning

ASX-listed Netwealth has reported a growth in funds under advice to $28.5 billion at the end of December, 2019....

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